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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 6,176 $ 5,133
Adjustments to reconcile net income to net cash from operating activities    
Depreciation 467 433
Provision for loan losses 560 1,115
Amortization (accretion), net (47) 386
Writedowns (gains on the sale) of other real estate owned, net (15) (1,080)
Stock compensation expense 39 27
Changes in:    
Interest receivable (343) 342
Other assets (228) 1,137
Interest payable 127 14
Other liabilities 1,131 (495)
Net cash from operating activities 7,867 7,012
Cash flows from investing activities    
Net change on time deposits with other banks 0 0
Purchases of securities available for sale (13,854) (15,527)
Proceeds from maturities and calls of securities available for sale 15,869 13,717
Redemption of FHLB stock 60 0
Net change in loans (7,555) 19,838
Purchases of premises and equipment, net (361) (346)
Proceeds from sales of other real estate acquired through foreclosure 414 7,145
Net cash from (used in) investing activities (5,427) 24,827
Cash flows from financing activities    
Net change in deposits 23,637 30,514
Net change in agreements to repurchase securities (37) (2,517)
Repayment of other borrowed funds (1,050) (750)
Repayment of FHLB advances (1,500) 0
Proceeds from stock option exercises 51 13
Common stock dividends paid (2,195) (1,601)
Net cash from financing activities 18,906 25,659
Net change in cash and cash equivalents 21,346 57,498
Cash and cash equivalents at beginning of period 80,775 82,663
Cash and cash equivalents at end of period 102,121 140,161
Supplemental disclosures of cash flow information:    
Cash paid during period for interest 2,102 1,150
Loans transferred to real estate acquired through foreclosure 753 284
Securities purchased not yet settled 0 5,059
Operating right-of-use asset resulting from lease liability $ 7,453 $ 0